Enerev5 Metals Inc. Announces Upsize to its Non-Brokered Private Placement to $445,000 and Upsize to its Securities-for-Debt Transaction to $201,000

Core Viewpoint - Enerev5 Metals Inc. is increasing the size of its non-brokered private placement and securities for debt transaction, aiming to raise up to $445,000 through the issuance of units priced at $0.01 each, with proceeds allocated for corporate purposes and project costs [1][2]. Group 1: Offering Details - The Company plans to offer up to 44,500,000 units at a price of $0.01 per unit, resulting in gross proceeds of up to $445,000 [1]. - Each unit consists of one common share and one share purchase warrant, with the warrant allowing the holder to acquire one share at an exercise price of $0.05 for five years [1]. - Proceeds from the offering will be used for general corporate and working capital purposes, as well as project review and acquisition costs [1]. Group 2: Debt Settlement - The Company intends to settle up to $200,920 in liabilities by issuing up to 20,092,000 units at a price of $0.01 per unit [2]. - Non-Arm's Length Parties participating in the Debt Settlement will settle eligible debt through the issuance of shares at the same price of $0.01 per share [2]. Group 3: Regulatory and Compliance - Completion of the Debt Settlement is subject to customary closing conditions, including necessary approvals from the Exchange [3]. - All issued securities will be subject to a statutory hold period of four months and one day, in accordance with Canadian securities laws [3]. - The Company may pay commissions to eligible finders in connection with the offering, subject to Exchange approval [3]. Group 4: Company Overview - Enerev5 Metals Inc. is a Canadian exploration company focused on developing critical battery metals projects in stable, mining-friendly jurisdictions [6]. - The Company's strategy includes building a portfolio of early-stage assets to supply ethically-sourced metals essential for the transition to clean energy [6]. - Currently, the Company is advancing lithium exploration in northeastern Nevada and evaluating additional opportunities for long-term growth [6].